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Oct 31, 2012
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. should take on more of this. how do you deal with something like that? >> absolutely. every time you have an occasion to take something from the federal government and send it back to the states that's the right direction. go even further and send it back to the private sector that's even better. we're borrowing $1.6 trillion more this year than we're taking in. we cannot -- we cannot afford to do those things without jeopardizing the future for our kids. it is simply immoral in my view. to continue to rack up larger and larger debt and pass them
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Oct 28, 2012
10/12
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and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadersp -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. athat's what the plan georged allen supports... i'm mitt romney, would cost our economy. newspapers called it "economically destructive." like allen's votes to give tax breaks to companies... that ship jobs overseas, his economic plan would... help big corporations, devastating the middle class. allen even voted against tax breaks for small businesses. virginia can't afford to go back to george allen. the democratic senatorial campaign committee... is responsible for the content of this advertising. isve and in hd, thi breaking news. >> we want italia's but two news stories. to we will continue follow any developments, in the story. a car left almost unrecognizable after hitting
and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadersp -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. athat's what the plan georged allen supports... i'm mitt romney, would cost our economy. newspapers called it...
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Nov 1, 2012
11/12
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you'll get bigger fiscal deficits, i promise you. >> the public affairs council did a report recently looking at the whole public attitude of businesses, particularly in america, and it was very positive despite all the anti-globalizations most people particularly young people in america do see the importance of big corporations like microsoft and google and what they've been able to achieve in create jobs and moving the economy forward and i think that is what it's about. it's about the success of business, about generating growth and a future. and many of those people including black voters across the united states have not done well in the last four years. they haven't. >> do you think microsoft has created more american jobs or cut more american jobs over the last ten years? >> i'm not certain. some of hose jobs have been abro abroad, of course. >> it's not just about the big corporations. it's about the heart of small businesses. they employ hundreds of thousands of people and the ability to create wealth and to create jobs is crucial and it's been a very poor track record this p
you'll get bigger fiscal deficits, i promise you. >> the public affairs council did a report recently looking at the whole public attitude of businesses, particularly in america, and it was very positive despite all the anti-globalizations most people particularly young people in america do see the importance of big corporations like microsoft and google and what they've been able to achieve in create jobs and moving the economy forward and i think that is what it's about. it's about the...
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Nov 4, 2012
11/12
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it took us 230 years to run up that deficit. we are going to have to pay it back and pay interest. >> i'm sure we don't want to take more money out of the economy. >> i don't want to spend it unwisely which is what this administration is doing. >> $16 trillion. he started out with 12 trillion. >> 11 trillion. >> and built it up to 16. >> that's right. >> i don't remember them talking about when george bush was paying out money -- >> medicare prescription drug program. >> the country rejected the republican party when they did it, and they shouldn't when owe palm does worse. >> a little -- obama does worth. >> a little late. >> dump bush? >> we'll be right back with predictions. >> he next tuesday, the nation goes to the polls, which ticket will win? barack obama and joe biden, or mitt romney and paul ryan? or will it be a tie? 269 electrical votes, to 269 electoral votes. pat buchanan? >> the heart says romney/ryan, and head says too close to call, but i'm going to predict that romney/ryan will win all the 11 states of the old c
it took us 230 years to run up that deficit. we are going to have to pay it back and pay interest. >> i'm sure we don't want to take more money out of the economy. >> i don't want to spend it unwisely which is what this administration is doing. >> $16 trillion. he started out with 12 trillion. >> 11 trillion. >> and built it up to 16. >> that's right. >> i don't remember them talking about when george bush was paying out money -- >> medicare...
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Nov 3, 2012
11/12
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we know what is going to reduce the deficit. >> sean: really? if you know he how to do all these things why haven't you done them the past four years? is that the best you have got, mr. president? we see what your hopey changey thing brought us all. today the unemployment rate rose yet again. higher than when you took office four years ago and now stands at 7.9%. at this point in your presidency you predictd that by october of 2012 the unemployment rate would be, let's see, 5.2% at this stage. earlier, congressman paul ryan talked about the long list of obama's broken promises. there is no end to it. watch this. >>> remember when said he would cut the deficit in half? i don't even have to follow up that one, do i? what we are seeing today is that 23 million americans are struggling to find work today. what we see today s that 15% of our fellow country men and women are living in poverty. this is the highest poverty rate in a generation. the economy is growing at less than half the rate the president said it would be growing at if only he could b
we know what is going to reduce the deficit. >> sean: really? if you know he how to do all these things why haven't you done them the past four years? is that the best you have got, mr. president? we see what your hopey changey thing brought us all. today the unemployment rate rose yet again. higher than when you took office four years ago and now stands at 7.9%. at this point in your presidency you predictd that by october of 2012 the unemployment rate would be, let's see, 5.2% at this...
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Oct 31, 2012
10/12
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WTTG
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. >>> you are sick of all of the political ads and talk about the election. apparently that extends to vow small children. tom is back with one little girl who can't take it any more. >> here is the situation. elizabeth evans driving in her car outside of denver, colorado, her four-year-old daughter abigail is in the car. elizabeth is reporting to a report about the prex election and she notices the four-year-old getting upset so what does she do. what any good pirnt does these -- parent does these day. she pulls out an iphone and recorded her daugh
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Nov 3, 2012
11/12
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it took us 230 years to run up that deficit. we are going to have to pay it back and pay interest. >> i'm sure we don't want to take more money out of the economy. >> i don't want to spend it unwisely which is what this administration is doing. >> $16 trillion. he started out with 12 trlion. >> 11 trillion. >> and built it up to 16. >> that's right. >> i don't remember them talking about when george bush wasli paying out money -- >> medicare prescription drug program. >> the country rejected the republican party when they did it, and they shouldn't when owe palm does worse. >> a little -- obama does worth. >> a d little late. >> issue 3, obama on lateight. >> on october 1, president obama sat down with late nighwidaily show host jon stewart. mr. stewart questioned the president, about the event at the u.s. consulate in nibenghazi libya on september 11, when four americans were killed, including ambassador christopher stevens. >> other people were -- >> the truth is, infoation comes in, folks put it out thought the process, peopl
it took us 230 years to run up that deficit. we are going to have to pay it back and pay interest. >> i'm sure we don't want to take more money out of the economy. >> i don't want to spend it unwisely which is what this administration is doing. >> $16 trillion. he started out with 12 trlion. >> 11 trillion. >> and built it up to 16. >> that's right. >> i don't remember them talking about when george bush wasli paying out money -- >> medicare...
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Nov 3, 2012
11/12
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it includes the massive deficit but also the possible overturn of roe v. wade, the end of epa, all of these other kind of social issues, the social security voucher system. realistically, presidents don't have complete control over the economy despite the fact that retro voters hold them accountable. he is going to put someone on the supreme court. he has indicated that would be someone that would overturn roe v. wade. he has intdicated he wants to ct taxes. katon, did you want to? >> certainly, i do. when we talk about 1300 days, let's talk about the last four years. at the end of the day, this election and what's happened this week and happened this morning is this storm and hurricane has taken libya off the table. it has taken the 23 million people out of work off the table. it has taken 46 million people on food stamps right before the table right before an election. that's the political frame of what's going on here. >> in the last four years. >> our base is motivated out there and so is the base of the president on the supreme court justices. i've al
it includes the massive deficit but also the possible overturn of roe v. wade, the end of epa, all of these other kind of social issues, the social security voucher system. realistically, presidents don't have complete control over the economy despite the fact that retro voters hold them accountable. he is going to put someone on the supreme court. he has indicated that would be someone that would overturn roe v. wade. he has intdicated he wants to ct taxes. katon, did you want to? >>...
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Nov 4, 2012
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he said she was going to cut the deficit in half but then he doubled it. he said unemployment would be at 5.2%, today on friday we learned it is 7.9%. almost nine million jobs short of what he promised. you think about this, unemployment today is higher than when barack obama took office. he promised that he pit in place a plan to save medicare and social security from insolvency. he didn't. in fact he took $716 billion out of medicare to pay for his obamacare. he said he would lower premiums on your health insurance plan by $2,500 per family. anybody see that reduction? for the average family it's gone up $3,000 a year. then gasoline, the price of gasoline is now $2,000 per family more than when he was elected. he said he was willing to work across the aisle on the issues that matter most to the american people. do you know he has not met on the economy or on budget or jobs with either republican leader of the house or senate since july. instead of bridging the divide he has made it wider. now so many of you look at the debates and you don't look at it as
he said she was going to cut the deficit in half but then he doubled it. he said unemployment would be at 5.2%, today on friday we learned it is 7.9%. almost nine million jobs short of what he promised. you think about this, unemployment today is higher than when barack obama took office. he promised that he pit in place a plan to save medicare and social security from insolvency. he didn't. in fact he took $716 billion out of medicare to pay for his obamacare. he said he would lower premiums...
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Nov 1, 2012
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deficits. americans agree that government spending has to be cut, but the question is -- how? the focal point senior center is just around the corner from coral k. it offers services to the elderly. for example, on this monday, they can receive health advice from an expert. and then, they can join in the fund and bowl with a wii game console. members of the center pay annual dues of just $5. the rest of the center's funds comes from donations and public money. many here are concerned about the future. this man says romney does not understand the need. >> he wants to take away too much because he thinks they are all too lazy. may be some are, but there's a lot of people out there that need the assistance. i do not trust the man. he could be a very nice person as an individual, but as far as the government, no. >> opinion polls in florida are as close as the body games in coral k -- the bocci games in coral cay. many wealthy are not concerned about their benefits but are instead word about the economy. >> obama has had four years and really has not come up with anything to show
deficits. americans agree that government spending has to be cut, but the question is -- how? the focal point senior center is just around the corner from coral k. it offers services to the elderly. for example, on this monday, they can receive health advice from an expert. and then, they can join in the fund and bowl with a wii game console. members of the center pay annual dues of just $5. the rest of the center's funds comes from donations and public money. many here are concerned about the...
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Oct 31, 2012
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would only run a $600 billion deficit in 2013 instead of running a $1.2 trillion annual deficit. this would create minus 3% to minus 5% gdp. that's the line from chris, who writes in. i would read you some more of these, but i know we have a ceo waiting for us. >> we do indeed. let's dive into the latest. joining us now, the cfo of novo nordisk. one of the highest stocks on the mobile exchange. tell us about the sort of quarter that you had. >> providing almost half of our growth and doing extremely well both in europe and in u.s. so the top line growth in the ballpark of 11%, and then with significant currencies, we have reported 20% growth and we've been able to convert that 20% growth into a 40% growth in operating profit in the third quarter. so we're very pleased with what we see. >> talk to us about the environment. one of the statements for the market today is that you expect a positive sales outlook, but the environment is challenging in major markets. are you talking specifically about the economic environment, or are you talking about the challenges from some of the oth
would only run a $600 billion deficit in 2013 instead of running a $1.2 trillion annual deficit. this would create minus 3% to minus 5% gdp. that's the line from chris, who writes in. i would read you some more of these, but i know we have a ceo waiting for us. >> we do indeed. let's dive into the latest. joining us now, the cfo of novo nordisk. one of the highest stocks on the mobile exchange. tell us about the sort of quarter that you had. >> providing almost half of our growth...
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actually the deficit is gone down since he came in office right now the congressional budget office is up to twenty million people lose their insurance as obamacare goes into effect he totally pulling settling here where you're going to do your duty eight four years of time to what do you receive that literally obamacare is from no you don't know you're not going to be with nods as it were with a completely unrelated issue referring to the from a little bit on i'm just going to say can we read the political act ph for all of obama's lies i'd really love to see that page let's talk about there are no i mean they're told to show why is this is a sham aleister these are sham sponsored this is not a sham alleges it and you've got a guy who has every side of every issue that i don't understand there's no financial security duhamel says metonymy dogs are going to obama how are we sitting here talking about mitt romney a liar in chief when we are literally in a foreign policy crisis mode over what happened in libya and overly i describe. the photo here like we are and we should be because
actually the deficit is gone down since he came in office right now the congressional budget office is up to twenty million people lose their insurance as obamacare goes into effect he totally pulling settling here where you're going to do your duty eight four years of time to what do you receive that literally obamacare is from no you don't know you're not going to be with nods as it were with a completely unrelated issue referring to the from a little bit on i'm just going to say can we read...
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actually deficit is gone down since he came in office right now the congressional budget office is up to twenty million people lose their insurance as obamacare goes into effect he totally pulling satellite here where you are there you are doing it for yourself trying to do it in writing from literally obamacare is from no no you don't know you're not going to do about three hundred nods as it were with completely unrelated issues resolution so we differ a little bit on no i'm just going to say can we read the political act ph for all of obama's lies i'd really love to see that page let's talk about their ordeal i mean their poll to show why is this is a sham unless you're the r.c.m. sucker this is not a sham alleges it and you've got a guy who has all of us every side of every issue and i don't understand there's no franchise going to do so if metonymy out on the circuit obama how are we sitting here talking about mitt romney a liar in chief when we are literally in a foreign policy crisis mode over what happened in libya and overly i described as my every word for your like we are a
actually deficit is gone down since he came in office right now the congressional budget office is up to twenty million people lose their insurance as obamacare goes into effect he totally pulling satellite here where you are there you are doing it for yourself trying to do it in writing from literally obamacare is from no no you don't know you're not going to do about three hundred nods as it were with completely unrelated issues resolution so we differ a little bit on no i'm just going to say...
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certainly i think that as far as having to respect, i think we will lose more respect by having massive deficit, structural plus $0.40 on every dollar borrowed. neil: that is brilliantly put. i wish when i was arguing earlier and from it that way, that's what makes it a big expert and the degree teleprompter reader. in all seriousness that is a very good point. so the human safety issue. i know others have expanded. you can do a lot of the stuff of computers but you and i know you can't do it exclusively on computers. you need people doing stuff. there is an alternative. but what you make of that argument that next time, and there will be in next time, we get our act together so that we can resume trading regardless of the calamity or is it that important to resume trading? >> and if those guys had gone back to work early, we had at crash where a trillion dollars was lost in the market in ten minutes. luckily it was recouped by the end of the day. investors have lost faith in the markets. they lost faith in equities. the last thing we need is people going back to work, risking safety and at the
certainly i think that as far as having to respect, i think we will lose more respect by having massive deficit, structural plus $0.40 on every dollar borrowed. neil: that is brilliantly put. i wish when i was arguing earlier and from it that way, that's what makes it a big expert and the degree teleprompter reader. in all seriousness that is a very good point. so the human safety issue. i know others have expanded. you can do a lot of the stuff of computers but you and i know you can't do it...
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Nov 3, 2012
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CURRENT
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the huge issue is not the deficit number itself. it's the ratio of the debt to the economy over all. if the economy is growing because government is the spender of last resort and encouraging investment, education, job training, infrastructure, that growth actually enables the debt to shrink as proportion of the economy over all. europe and particularly spain and britain are the worst examples. they embarked on austerity economics, what happens? they actually shrink their economy. they go into recession, and their debt or deficit becomes a bigger problem as as the overall economy. >> eliot: i want to take snippets of this conversation and send it to every voter, and that would be a guarantee that there would an second term for president obama. previews of uc berkeley goldman school of public policy. as always, thank you. >> thanks. >> eliot: dennis kelleher president and ceo of better markets, nonpartisan organization promoting public interestage financial reform. den, you heard robert reich who has not gotten enough attention that
the huge issue is not the deficit number itself. it's the ratio of the debt to the economy over all. if the economy is growing because government is the spender of last resort and encouraging investment, education, job training, infrastructure, that growth actually enables the debt to shrink as proportion of the economy over all. europe and particularly spain and britain are the worst examples. they embarked on austerity economics, what happens? they actually shrink their economy. they go into...
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Nov 2, 2012
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they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table. and perhaps that could be part of a bargain around the debt ceiling. one thing we've heard a lot of talk about, not so much from the white house although they've suggested they're open to it, is some sort of extension not to the payroll tax cut, but something like that. and, actually, just from the economics -- >> which is the only thing that republicans liked over the sum from the american jobs act. >> that's a good point. that's a correct point, thomas. and, look, as an economist, and i've heard economists of all strikes agree with what i'm about to say. that's actually 120 billio
they can't spend the next four years not doing anything about the deficit. we could see a deal to reduce the budget deficit and that would be a net positive for all the financial markets if that happens. but if the republicans were to run the table, you would see a pretty big rally on wall street. >> if president obama stays in office, do you think we'll take another peek at the american jobs act? >> i certainly think that's something the president is going to bring to the table....
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Oct 29, 2012
10/12
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not just about trimming the budget and getting your arms around the deficit, it's about the world -- >> that's exactly the kind of things voters should know. the real way to get them to know it is through these ads. that's what reaches them. that's why they raise that money. >> while lawrence is had hitting on something important because this happens with other -- >> that's what i do. no. >> it's barometric -- >> i'm here to bring the importance. >> the gold nugget of the news cycle. >> but it is so true, that we get this lecture every time something terrible happens. we got it in on gun control when we looked at gun tragedies which is an issue, by the way, where both nominees i think are fairly poor on the policy. but even still, even though it was a bipartisan neglect of gun control this narrative we can't talk about this. i think it's the opposite. with dignity you can still discuss the policy implications. >> can i just quickly say for the rest of the campaign, you don't have to listen to me when i make a prediction, i said i think romney has to keep campaigning and not ten secon
not just about trimming the budget and getting your arms around the deficit, it's about the world -- >> that's exactly the kind of things voters should know. the real way to get them to know it is through these ads. that's what reaches them. that's why they raise that money. >> while lawrence is had hitting on something important because this happens with other -- >> that's what i do. no. >> it's barometric -- >> i'm here to bring the importance. >> the gold...
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Nov 4, 2012
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the real deficit river is healthcare. obamacare i totally solve this problem how the projects ago and had the public learns from them and approves them. nobody can map it out perfectly. most say the mean driver of deficits is health care. we are on the path to reform in that. there are plans on the table that would it presumably get the debt ratio done to a time, not in an abrupt way the still. >> it is a shame we still did not have the conservatives hair. i will not defended towards the of the bush policy deficit spending of their running out of the debt. the debt is what is -- the debt is what matters. we have to accept these facts. the issue is, how do we stop that? it is not going to be done through a combination of tax increases and a reduction in spending. they are actually in reductions to in the rate of new spending. four of the picking we do on greece and italy and spain, they have actually spent a little less the year over year and they have the year before. they are steps in the right direction. we will only ge
the real deficit river is healthcare. obamacare i totally solve this problem how the projects ago and had the public learns from them and approves them. nobody can map it out perfectly. most say the mean driver of deficits is health care. we are on the path to reform in that. there are plans on the table that would it presumably get the debt ratio done to a time, not in an abrupt way the still. >> it is a shame we still did not have the conservatives hair. i will not defended towards the...
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Oct 31, 2012
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he was headed at $1.2 trillion deficit, now a $1.1 trillion deficit. it is less. it is a god damn lie! but the rest of the media goes i can't do that. i can't tell the american people reality. here's what i'm worried about. i'm worried about that we're in an iraq kind of situation here. what do i mean by that? before the iraq war the republicans kept insinuating oh, my, saddam hussein iraq, weapons of mass destruction 9-11 iraq. about 70% of the country thought that saddam hussein was personally responsible for 9-11. if i thought that, i would want to invade iraq, too but he wasn't! he wasn't! so the american people were deceived and who helped to deceive them? the american media by calling everything neutral. while the republicans say this and the democrats say that. and now we have one side that lies all the time. systematically and what does the media do? they say this and other guys say that. no. it's not true. the republicans lie professionally. they do it all the time. they do it on purpose! as will you sit there and you wonder my god, how could this race be
he was headed at $1.2 trillion deficit, now a $1.1 trillion deficit. it is less. it is a god damn lie! but the rest of the media goes i can't do that. i can't tell the american people reality. here's what i'm worried about. i'm worried about that we're in an iraq kind of situation here. what do i mean by that? before the iraq war the republicans kept insinuating oh, my, saddam hussein iraq, weapons of mass destruction 9-11 iraq. about 70% of the country thought that saddam hussein was...
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Nov 2, 2012
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for once, if congress does nothing, it will make major progress on the deficit. >> thanks so much. david, thanks for standing by and being with us. >> thank you. >> up next, marathon madness. the race goes on despite mounting controversy. and this weekend, we're turning rockefeller plaza into democracy plaza, broadcasting there this sunday. a special edition of "andrea mitchell reports" at a special time, 3:00 eastern only right here on msnbc. what if there was a new way to deal with money that focused less on fees and more... on what matters? maybe your bank account is taking too much time and maybe it's costing too much money. introducing bluebird by american express and walmart. your alternative to checking and debit. it's loaded with features, not fees. because we think your money should stay where it belongs. with you. the value you expect. the service you deserve. it feels good to bluebird. get it at your local walmart. >>> the new york city marathon is still scheduled to be run on sunday despite backlash from new yorkers. many of whom are still in the dark. mike bloomberg wa
for once, if congress does nothing, it will make major progress on the deficit. >> thanks so much. david, thanks for standing by and being with us. >> thank you. >> up next, marathon madness. the race goes on despite mounting controversy. and this weekend, we're turning rockefeller plaza into democracy plaza, broadcasting there this sunday. a special edition of "andrea mitchell reports" at a special time, 3:00 eastern only right here on msnbc. what if there was a new...
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[applause] we know what is going to grow jobs, reduce the deficit. and let me tell you, what governor romney is offering eight it. it is not it. giving more power back to the biggest banks is not changed. leaving millions without health insurance, that is not changed. . a another $5 trillion tax cut that favors the wealthy, that is not change. [applause] refusing to answer questions about the details of your policies -- not change. rolling out a compromise by pledging the tea party's agenda, that is not changed. that is the attitude in washington that we have got to change. host: as the campaign moves on, recovery continues from hurricane sandy sweeping through the mid-atlantic and the northeast. here is a headline from the "the wall street journal" -- million stuck in dark and cold. i want to point to the headline on the front page of the "daily news" -- gas prices add to hurricane wpes. and "baltimore sun" -- reeling under weight of snow. now we want to turn to new jersey. we are joined by republican congressmen and new jersey. first, i want to get
[applause] we know what is going to grow jobs, reduce the deficit. and let me tell you, what governor romney is offering eight it. it is not it. giving more power back to the biggest banks is not changed. leaving millions without health insurance, that is not changed. . a another $5 trillion tax cut that favors the wealthy, that is not change. [applause] refusing to answer questions about the details of your policies -- not change. rolling out a compromise by pledging the tea party's agenda,...
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Nov 1, 2012
11/12
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CNBC
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once again, the congress will find a way to compromise and move forward on resolving the deficit problem. my feeling now is that it's not likely to be that simple. it's more likely to spill over into january. when that happens, we'll have a greater degree of uncertainty, not less. it may take longer to work this out than many people expect. indeed, president obama in an interview last week, mentioned that he thinks there will be a solution, a grand bargain, sometime in the first six months of 2013. six months. that's a long time to get this it problem straightened out. >> yeah, so, i mean, if we do get an agreement in six months, does that mean that the u.s. doesn't go into a recession? >> well, first i want to say the metaphor fiscal cliff is probably the wrong one. you step off a cliff, that's your last step. for many politicians, the real metaphor is it's a slope. they gradually go into these tax increases and spending cuts. they feel they can turn around and walk back up the slope, retroactively reverse the changes. in that circumstance, in that scenario, it creates a lot of uncertai
once again, the congress will find a way to compromise and move forward on resolving the deficit problem. my feeling now is that it's not likely to be that simple. it's more likely to spill over into january. when that happens, we'll have a greater degree of uncertainty, not less. it may take longer to work this out than many people expect. indeed, president obama in an interview last week, mentioned that he thinks there will be a solution, a grand bargain, sometime in the first six months of...
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Nov 4, 2012
11/12
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CNNW
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we have record debts and deficits that have to be dealt with. the economy is weak. it needs to be strengthened by pro-growth policies. everybody acknowledges that. i'm hopeful that those are just political comments made in the heat of the campaign and that once this election is over, i believe mitt romney is going to win ohio and, therefore, i think is likely to be our next president. >> it's dangerous for me -- it's dangerous for me to ask a senator for a one-word answer, but if i could, is there a way for governor romney to win this election without winning ohio? >> probably, but i wouldn't want to risk it. no republican ever has, and i think we're going to win ohio. i really do. >> all right. senator rob portman, thank you so much for joining us this morning. happy trails. >> thank you, candy. also to you. >>> when we return president obama's closing message. trust the one you're with. >> you want to know that your president means what he says and says what he means. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or th
we have record debts and deficits that have to be dealt with. the economy is weak. it needs to be strengthened by pro-growth policies. everybody acknowledges that. i'm hopeful that those are just political comments made in the heat of the campaign and that once this election is over, i believe mitt romney is going to win ohio and, therefore, i think is likely to be our next president. >> it's dangerous for me -- it's dangerous for me to ask a senator for a one-word answer, but if i could,...
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what does the deficit mean long-term, not just why don't i have a better paying job right now. so look, this is a place where people are very financially conservative. it is the midwest. and they're sick of seeing our government spend the way it has been. >> all right, poppy harlow in des moines, thank you very much. >> reporter: the fight for this key battleground state is heating up. we'll show you how they're helping to win over voters. folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy.
what does the deficit mean long-term, not just why don't i have a better paying job right now. so look, this is a place where people are very financially conservative. it is the midwest. and they're sick of seeing our government spend the way it has been. >> all right, poppy harlow in des moines, thank you very much. >> reporter: the fight for this key battleground state is heating up. we'll show you how they're helping to win over voters. folks who save hundreds of dollars...
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Nov 4, 2012
11/12
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MSNBCW
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and then i gave you four years of declining deficits and four years of surpluses. and then they got back in with the same old theory that governor romney was advancing and they doubled the debt again. so this should explain something to you. obama's plan brings the debt down and it's based on arithmetic. what is romney's plan? another big tax cut for upper income people. give the highest of us, highest income people 60% of the tax cut. and then cut the investment in all of these 21st century jobs, repeal the student loan law, making the loans more expensive and harder to repay and keeping us down there in the rankings of college graduates. and don't produce a budget. you say, well, governor, you want to spend $2.5 trillion more than the president wants to spend. you want to cut taxes $5 trillion more than he wants to cut taxes. and you've only identified about a trillion dollars worth of tax deductions on companies that you want to repeal to lower the corporate income tax. that's president obama's idea. but that leaves $6.5 trillion. even if you fill it, you want t
and then i gave you four years of declining deficits and four years of surpluses. and then they got back in with the same old theory that governor romney was advancing and they doubled the debt again. so this should explain something to you. obama's plan brings the debt down and it's based on arithmetic. what is romney's plan? another big tax cut for upper income people. give the highest of us, highest income people 60% of the tax cut. and then cut the investment in all of these 21st century...
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Nov 4, 2012
11/12
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FOXNEWSW
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he said he was going to cut the federal deficit in half and then he doubled it. and then he said he would bringlet unemployment rate down to 5.25 percent and we learned on friday 7.9 nine million jobs short of what he promised and unemployment. and unemployment today is higher than when barak obama took office and by the way, he promised to propose a plan to save social security and medicare. he did not. rather he raided $716 billion from medicare to pay for obamacare. the list goes on. and he said he would low are health prem yups by $2000. and instead went up $3000 a family. and average american family pays $2000 more for gasoline than when president obama was elected. and i mention one more thing. he said he would work across the aisle on the most important issues. he's not met on the economy or on the budget or on jobs with either the republican leader of the house and senate since july so he's made the divide wider. people wonder how is it he fell so short of what he promised? he never led. or worked across the aisle and never truly understood how jobs are c
he said he was going to cut the federal deficit in half and then he doubled it. and then he said he would bringlet unemployment rate down to 5.25 percent and we learned on friday 7.9 nine million jobs short of what he promised and unemployment. and unemployment today is higher than when barak obama took office and by the way, he promised to propose a plan to save social security and medicare. he did not. rather he raided $716 billion from medicare to pay for obamacare. the list goes on. and he...
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. introducing the new 13-inch macbook pro, ♪ with the stunning retina display. ♪ for the pro in all of us. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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Nov 2, 2012
11/12
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MSNBC
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eye 95
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their strategy ends up shooting the deficit up. so we know what the right choice is, but let's face it, governor romney, ee a very talented salesman. in this campaign, he's tried as hard as he can to repackage these same policies and offer them up as change. but we know what change looks like. and what the governor is offering ain't it. giving more power back to the biggest bank, that's not change. another $5 trillion tax cut in favor of the wealthy, that's not change. refusing to answer questions about the details of your policies until after the election, that's not change. we've seen that before. right inspect we've seen that before. ruling out compromise by pledging the rubber samp to the tea party's agenda in congress, that's not change. >> no. >> and by the way, when you try to change the facts, just because they're inconvenient to your campaign, that's definitely not change. you know, trying to massage the facts, that's -- that's not change, that's just -- look, you know, we have been seeing this. how the governor romney and
their strategy ends up shooting the deficit up. so we know what the right choice is, but let's face it, governor romney, ee a very talented salesman. in this campaign, he's tried as hard as he can to repackage these same policies and offer them up as change. but we know what change looks like. and what the governor is offering ain't it. giving more power back to the biggest bank, that's not change. another $5 trillion tax cut in favor of the wealthy, that's not change. refusing to answer...